VS
| PLAN DETAILS |
Guaranteed Monthly Income Plan |
Icici Pru Signature Plan |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
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| Plan Uniqueness |
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| Plan Maturity age | Maximum Maturity Age: 67 years | 99 years |
| Premium payment term | 5 to 12 years | Single, Yearly, Half-Yearly, and Monthly |
| Plan Entry Age | Minimum Entry Age: 6 years, Maximum Entry Age: 13 years | 0-70 years |
| Sum assured | 11 times the Annualized Premiums | 0-39 years- 1.25 X Single Premium 40 and above 40 years- 10 X Single Premium |
| Premium payment frequency | Annual, Half-yearly, Quarterly & Monthly | Single, Yearly, Half-Yearly, and Monthly |
| Plan Sample Premium | - | ₹5,00,000 p.a. |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy tenure | 5 to 12 years | 10 to 30 years |
| Claim Settlement Ratio (2024-25) | Minimum Age - 0 year | 99.3% |
Invest Smartly with Tata AIA Monthly Income Plan – Guaranteed Income and Assured Life Cover.
Tata AIA Life Insurance Guaranteed Monthly Income Plan is a two-in-one life insurance plan that ensures a regular income with the benefit of assured life cover. You'll get a steady flow of guaranteed monthly income between 8.35% to 13.03% per annum of your yearly premiums.
Under this plan, you can pay premiums for 5, 8, or 12 years (PPT) and receive your monthly income for 10, 16, or 24 years. The plan allows you to increase base cover with optional riders to stay protected against the 3Ds – Death, Disability, and Disease. Depending on your premium amount, you can even improve your monthly income benefit with Large Premium Boost. With this feature, you can increase your monthly income if you opt for a higher premium.
Tata AIA Guaranteed Monthly Income Plan offers a range of benefits including: